documentation-practices

Vocabulary Word

Definition

'Documentation practices' refers to the methods used by a company to keep records. These records can include everything from financial data, customer details, project progress, and so much more.

Examples in Different Contexts

In business administration, 'documentation practices' include the systematic recording of business transactions, decisions, and meetings. A business administrator might state, 'Effective documentation practices are crucial for financial auditing and strategic planning.'

Practice Scenarios

Quality-Assurance

Scenario:

The recent product defect was a wake-up call. We need to re-assess our quality assurance processes to prevent such disruptions.

Response:

Completely agree. With improved documentation practices, we could pinpoint defects faster and maintain product quality.

Accounting

Scenario:

The audit is coming up. We should review all our financial transactions to ensure everything is in order.

Response:

Due to our responsible documentation practices, all our financial transactions have been diligently recorded till date.